Browsing Tag
Stablecoin
1046 posts
Mastercard and Stables introduce first APAC stablecoin-only wallet
Stables, an Australian cryptocurrency wallet, has launched an innovative partnership with Mastercard to provide the first stablecoin-only wallet…
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to…
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of…
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the…
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin recovers from the USDC’s depeg from the U.S. dollar.
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
BitMEX co-founder Arthur Hayes suggests new approach to stablecoins
A stablecoin called NakaDollar, which is independent of fiat currencies and the banking system, was presented by the…
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
USDC issuer Circle to increase staff by up to 25% amid layoff season
The plan to expand its workforce comes just months after it mutually called off its plans to go…
